Southern Restaurant Operations, LLC

$805,500 PPP Loan in Cartersville, Georgia

Loan Details

Loan Number
7136827005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$805,500
Current Approval
$805,500
Forgiveness Amount
$812,436
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Restaurant Operations, LLC
Address
4 Galway Dr
State
Georgia
ZIP Code
30120-5201
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Steak N Shake by Biglari
Business Age
Existing or more than 2 years old
Jobs Reported
253
Estimated Revenue
$44.9M
Rural/Urban
Rural
Congressional District
GA-11

Loan Use Breakdown

Payroll
$529,108
Rent
$200,266
Utilities
$76,126

Lender Information

Servicing Lender
Southern States Bank
Originating Lender
Southern States Bank

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